Cannabis Business Supplies & Real Estate – The Industry Keeps Growing - BRT S02 EP50 (97) 12-12-2021
Dec 13, 2021
Cannabis Business Supplies & Real Estate – The Industry Keeps Growing
- BRT S02 EP50 (97) 12-12-2021
5 Things We Learned This Week:
- Cannabis Supplies - Compliance regulations and child resistant packages
- Supply Chain – brands plan 6 – 18 months out
- Tech – using online SaaS programs to get efficient, more effective to scale
- Real Estate – landlords want stable tenants w/ stable biz
- Regulations & Zoning - Red Zone = No Vs Green Zone = Ok
Guest: John Hartsell, CEO & Co-Founder Dizpot https://www.dizpot.com/
DIZPOT is a global cannabis packaging company with custom technologies for highly regulated markets. Headquartered in Phoenix, Ariz., DIZPOT produces millions of packages every month, providing its customers with a single source solution to compliantly and competitively bring products to market.
CEO John Hartsell started Dizpot (pronounced dihz-po) with Jeff Scrabeck in 2017 in Phoenix, but now has worked in nearly every legal cannabis market, including Canada and Mexico. The company has warehouses in Oklahoma and Missouri and an office in Shenzhen, China. Hartsell works with manufacturers in Mexico, Italy, Vietnam, and Pakistan, but domestic manufacturers make up 20 percent of Dizpot's products.
Per Hartsell - A little more than half the medical cannabis packaging in Arizona comes from Dizpot. The company ships 5 to 7 million packages a month in addition to design and branding. One of its slogans is that it's a “one-stop shop” for dispensaries' packaging needs. Dizpot is one of several companies that provides packaging across the country. The supply chain setup takes long planning of 6 – 18 months.
Dizpot provides hard, good packaging, plus branded packaging, similar to grocery store packaging. Because of compliance regulations, needs to be child resistant. They have lots of recurring brand clients in recreational and medical Cannabis industries.
Guest: Bryan McLaren, Chairman & CEO of Zoned Properties
https://zonedproperties.com/about-zoned-properties/
Bryan McLaren is Chairman and CEO of publicly traded Zoned Properties (ZDPY). As a certified and licensed realtor, Green Roof Professional, LEED Green Associate, and former City Sustainability Commissioner, Bryan has navigated state regulatory programs for cannabis commercial real estate in over ten markets for over 100 development projects.
Zoned Properties®, Inc. (OTCQB: ZDPY), a strategic real estate development firm whose primary mission is to provide real estate and sustainability services for the regulated cannabis industry, positioning the company for property acquisitions and revenue growth. They recently announced the market launch of its partnership with dispensary retail franchisor (The Open Dør). Zoned Properties invests in OpenDor with franchise model in cannabis using inspiration from McDonald’s as an example & model.
PropTech (or Property Technology) is a term used to define the real estate startups that are offering new innovative technologies and ideas built to re-imagine the core processes and business models of the traditional property management and real estate vertical through digital transformation. Real Estate can become more efficient and scale faster for growth.
Lots of rules and regulations to regular real estate zoning, gets trickier with Sinn type industries – alcohol, cannabis, cigarettes, etc. cannabis business cannot just setup shop anywhere like a Starbucks. Rules dictate cannot put the business near a school, or a church. Legalization has also adjusted what hours the store is open while also stabilizing the overall industry – better tenant with growing business. Cannabis will be a $50 to $100 billion client in commercial real estate in the next few years.
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